We live in a litigious world where wealthy families and ultra-affluent clients (UACs) can be the targets of lawsuits or even more threatening attacks, such as kidnapping, because of their status. Michael Pompian explains how advisers can play a part in reducing these and other risks.

“Assets held in an overseas trust account – in a country with strict bank secrecy laws – can be a legitimate and powerful legal strategy for sophisticated individuals who are willing to tolerate some degree of inconvenience and additional expense”